Aerodyne Group

Aerodyne Group

A drone service provider that assists businesses with analytics, data operations, and process optimization.

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DateInvestorsAmountRound
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$30.0m

Late VC
Total Funding000k

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Revenues, earnings & profits over time
USD201820192020
Revenues000000000000
% growth-31 %33 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

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More about Aerodyne Group
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Founded in 2014 by Kamarul A Muhamed and Azita Azizan, Aerodyne Group has evolved from an aerial imagery specialist into a comprehensive DT3 (Drone Tech, Data Tech, and Digital Transformation) solutions provider. Kamarul, an auditor by training who spent a decade in London, transitioned to the tech industry upon returning to Malaysia, driven by a desire to create impactful solutions. This vision materialized into Aerodyne, which began as a three-person startup and expanded to have a presence in over 35 countries within six years.

Aerodyne's business model centers on providing end-to-end, AI-powered solutions that address complex industrial challenges for enterprise clients. The company operates on a Drone-as-a-Service (DaaS) model, which allows clients to utilize drone technology without upfront capital expenditure or operational complexities. This service encompasses everything from flight planning and regulatory compliance to data collection and analysis. Revenue is generated through these service contracts and its Software-as-a-Service (SaaS) platform, vertikaliti, which processes drone-captured data to deliver actionable insights. The company serves a diverse client base in sectors such as energy, utilities, telecommunications, agriculture, and oil and gas.

The core of Aerodyne's offering is its ability to turn vast amounts of visual data into optimized operational efficiency for critical assets. For instance, its services include the inspection of power lines, wind turbines, and solar farms. The company has inspected over 752,700 assets and surveyed more than 380,000 km of power infrastructure globally. In agriculture, its precision farming solutions help major industry players manage large-scale operations. Beyond inspection, Aerodyne is advancing into areas like advanced air mobility, using heavy-lifter drones for logistics in the oil and gas sector and for delivering medical supplies. This is all powered by a significant investment in technology, including an in-house team of AI engineers and data scientists.

The company has successfully raised a total of $111 million over 10 funding rounds. A significant recent funding event was a $30 million Series B bridging round led by PETRONAS Ventures, the venture capital arm of a long-time client, with follow-on investment from Kumpulan Wang Persaraan (KWAP). These funds are earmarked for global expansion and to deepen its technological edge, including entry into the advanced air mobility market.

Keywords: drone-as-a-service, data analytics, digital transformation, asset management, AI-powered insights, enterprise solutions, aerial inspection, precision agriculture, vertikaliti, advanced air mobility

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Investments by Aerodyne Group

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AtSite
ACQUISITION by Aerodyne Group Mar 2018
Grupo DR1
ACQUISITION by Aerodyne Group Dec 2022